LIVE AT 2:30 PM ET: THE ONE TICKER BEHIND MY ‘WEEKLY WINDFALLS’!
Earnings season is upon us, and with it comes the volatility and opportunities traders thrive on. While the market grapples with potential bull traps and sideways action, earnings events can provide clear catalysts.
This week, I’ve got my eye on a handful of stocks that could deliver actionable setups, starting with Netflix (NFLX) today after the close.
Netflix is always a high-volatility name around earnings, and this time, it’s no different. I’m looking for a move around $85 to $86 back to all-time highs, which is significant given the stock’s recent weekly ATR of $43.
Historically, Netflix tends to move an average of 10.2% on earnings — so there’s potential for a big swing that could push the stock toward its all-time highs or drive it down into correction territory.
Why is this important? Because gaps often follow earnings volatility. Whether Netflix leaves a gap above or below, traders should be ready to react. Earnings gaps often provide high-probability setups for follow-through trades or quick profit traps.
But Netflix isn’t the only play worth watching. American Airlines (AAL) also reports this week, with its earnings set for Thursday morning before the market opens.
Airlines have been in focus as investors weigh the strength of the consumer and the broader Transportation sector. AAL isn’t alone — Alaska Air Group (ALK) and United Airlines (UAL) are also on deck. If these names deliver strong numbers, it could ripple across the industry.
In the Materials sector, Alcoa (AA) stands out.
This aluminum giant has been a staple in my earnings watchlist for years. With a history of volatile moves post-earnings, Alcoa is a great candidate for traders looking to capitalize on price action in the metals space.
And don’t overlook Freeport-McMoRan (FCX) — its exposure to copper and gold could make it an interesting secondary play alongside Alcoa.
Rounding out the list are two other heavyweights in different sectors: Johnson & Johnson (JNJ) in Health Care and Kinder Morgan (KMI) in Energy.
Johnson & Johnson offers insights into consumer defensives and the broader Health Care landscape, while Kinder Morgan’s performance could reflect broader trends in Energy, especially with crude oil and natural gas prices still driving headlines.
This week’s earnings lineup is diverse — covering Consumer Discretionary, Industrials, Materials and more. With volatility heating up, it’s a great time to focus on trading setups that match your risk tolerance. Whether it’s the high-flying potential of Netflix or the steady insights from Johnson & Johnson, earnings events are the ultimate test of market sentiment.
Keep an eye on these names, manage your risk, and be ready to act. The market doesn’t wait — and neither should you.
I’ll see you in the markets.
Chris Pulver
Chris Pulver Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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